Inflation has been a hot topic and research from London lettings and estate agent, Benham and Reeves, has revealed just what the current rate means when it comes to the value of the nation’s bricks-and-mortar.
The study looked at the level of house price growth seen by the average homeowner coming to market now, based on the average time spent in a home of 21 years. This level of property price application is then adjusted to account for inflation.
The impact of inflation on the nation